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Guide to Lease Agreement and Move-in Procedures
Contract Overview
Good Moments' Share House lease agreement is an official document that clearly defines the rights and obligations between the tenant and the host, ensuring a safe and reliable living environment for both parties. Please make sure to carefully review all terms when completing the contract.
- Purpose of the ContractThe mutually agreed terms are documented to ensure a stable living environment for the tenant and to protect the property rights of the host.
- Guidelines for DraftingBe sure to check the key terms such as the contract period, deposit, and monthly rent, and if you have any questions, please ask before signing.
- Guidelines for International ResidentsFor foreign tenants, an English version of the contract is provided, and communication regarding its contents can be conducted in English.
Detailed Information on Contract Terms
We provide guidance on the key contract terms that must be checked before moving in. All conditions can be adjusted through mutual agreement.
- Security DepositThere is no security deposit.
- Monthly RentThe monthly rent is paid on a fixed date each month and includes common utility fees such as electricity, water, and internet.
- Contract PeriodYou may flexibly choose a contract period ranging from a minimum of two weeks to over one year. Short-term stays are welcome, and long-term contracts are even more encouraged.
- Contract Renewal and TerminationPlease inform us of your intention to renew the contract at least two weeks before its expiration. In case of early termination, a minimum of two weeks' prior notice is required.
- Actions in Case of Late PaymentIn the event of late payment of rent, payment must be made within 3 days. If the delay exceeds one week, it will be regarded as termination of the contract.
- Move-out ProcedureOn the move-out day, a facility inspection will be conducted together with the host, and you may check out at a convenient time before 6:00 p.m.
Rights and Obligations of Tenants
For a pleasant and safe communal living environment, we provide guidance on the rights you may enjoy as residents and the responsibilities you are expected to uphold.
Residents Rights
- Privacy of individual rooms is guaranteed (unauthorized entry by others, including the host, is strictly prohibited)
- Residents may freely use the common areas (living room, kitchen, laundry room, and bathroom).
- Residents may request immediate repairs in the event of facility malfunctions or defects.
- Stable residency rights are guaranteed during the contract period.
Tenant's obligations
- Pay monthly rent and maintenance fees on the designated date.
- Clean and tidy up after using common areas.
- Refrain from during nighttime hours (22:00~08:00).
- No intentional damage to facilities and equipment (liable for compensation if damaged).
Host's roles and responsibilities
The 'Good Moments' host will fulfill the following responsibilities to ensure residents' comfort and safety.
- Safe living environmentWe maintain a safe environment 24 hours a day through the apartment security system and the host's presence.
- Facility management and maintenanceIn case of malfunction of facilities or appliances, prompt repairs will be carried out, along with regular cleaning and maintenance.
- Compliance with the contractAll conditions specified in the contract will be faithfully fulfilled, and the rights of residents will be respected.
- Communication and supportWe promptly respond to any inconveniences or inquiries during daily life and provide English communication support for foreign residents.
Contract drafting and submission procedure
Through a simple and transparent contract process, you can quickly prepare for moving in.
- STEP 1Room inspection and consultationChoose the room you want and proceed with a consultation via phone or message. A visit tour is also available.
- STEP 2Discussion of contract conditionsWe negotiate detailed conditions such as the duration of residence, deposit, and monthly rent, and review the contract together.
- STEP 3Contract drafting and signingSign the contract together with a copy of your ID. Both in-person and remote (electronic signature) options are available.
- STEP 4Deposit payment and move-inThere is no deposit. If the online contract has not been completed, the contract will be signed on the move-in day, and the remaining balance will be paid.
Required Documents
- Copy of ID (choose one among Resident Registration Card, Driver's License, or Passport).
- For foreigners, a copy of the Alien Registration Card or Passport.
- Emergency contact information.
Commonly Asked Questions
We have compiled the questions that prospective residents often ask regarding the contract.
Q: Can the contract period be changed midway?
A: Yes. For early termination, you must give at least two weeks’ notice. For extensions, if there is no prior reservation, it can be done at any time.
네, 가능합니다. 계약 기간 연장 또는 단축을 원하시면 최소 2주 전에 호스트에게 알려주시면 협의를 통해 조정할 수 있습니다.
Q: When can I get the deposit back?
A: There is no deposit (₩0).
퇴실 시 시설 점검을 진행한 후 이상이 없으면 7일 이내에 지정 계좌로 전액 환불해 드립니다.
Q: Can foreigners also sign a contract?
A: Yes. We welcome a wide range of people, including employees, working holiday participants, university students, long-term travelers, and those on extended business trips.
물론입니다. 외국인등록증 또는 여권 사본을 준비해 주시면 됩니다. 영어로 된 계약서 안내도 제공해 드립니다.
Q: Is the maintenance fee included in the monthly rent?
A: Yes. Electricity, gas, water, internet, and all other utilities are included in the monthly rent, so there are no additional payments.
네, 전기, 수도, 인터넷 등 기본 공용 관리비가 월세에 포함되어 있습니다. 개인 사용량이 과도한 경우 별도 협의가 있을 수 있습니다.
Q: Can the contract be signed remotely?
A: Yes. If you transfer one-third of the monthly rent as a deposit, the online contract will be completed. On the moving-in day, you can arrive, sign the contract, and finalize the move-in after paying the remaining balance.
가능합니다. 전자서명을 통한 비대면 계약을 지원하고 있어, 방문이 어려운 경우에도 원활하게 계약을 진행하실 수 있습니다.
Inquiries and Support Information
If you have any further questions regarding the contract, please feel free to contact us. We will be happy to assist you.
Contact Information
Phone: 010-4760-0556
KakaoTalk: chungihong
Email: betterhousekr@gmail.com
Available consultation time
Weekdays: 07:00 ~ 23:00
Weekends and public holidays: 07:00 ~ 23:00
English available
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🏡 Good Moments Share House
📫 Address: 11, Geomdan-ro 769beon-gil, Seo-gu, Incheon, South Korea (10F Apartment, 9th Floor, Unit 902)
⌨ Business Registration Number: 640-91-01542
📞 Phone or Message
📱 Kakao ID : chungihong
📱 WhatsApp Link : Good Moments Share House
📱 Line ID : chungihong
📱 WeChat ID : GMsharehouse
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